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Mapping and Contextualizing Foreign Ownership and Leasing of U.S. Farmland

Author

Listed:
  • Wang, Fangyao
  • Zhang, Wendong
  • Taylor, Mykel

Abstract

Foreign ownership of U.S. farmland has recently attracted growing interest from the public as well as the federal and state policy makers. Using all reported AFIDA transactions, this article provides a comprehensive analysis on the structure of foreign land ownership in the United States. We find that (1) long-term leasing is the main driver of the increasing foreign interests of U.S. farmland in the past 20 years; (2) a considerable number of foreign transactions are related to wind and solar energy development, especially for entities holding long-term leases; and (3) “adversary” countries like China hold only 1% of all the foreign-owned agricultural land.

Suggested Citation

  • Wang, Fangyao & Zhang, Wendong & Taylor, Mykel, 2024. "Mapping and Contextualizing Foreign Ownership and Leasing of U.S. Farmland," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2024, January.
    • Handle: RePEc:ags:jasfmr:342906
    DOI: 10.22004/ag.econ.342906
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    References listed on IDEAS

    as
    1. B. James Deaton & Chad Lawley, 2022. "A survey of literature examining farmland prices: A Canadian focus," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(2), pages 95-121, June.
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